Advanced Micro Devices Inc $ 78.06 2.24 (2.95%)
AMD News and Headlines - Advanced Micro Devices Inc
The Dow Jones Industrial Average closed at 28,248.44 on Tuesday with a loss of 60.02 points or -0.21%. The S&P 500 closed at 3,443.62 for a gain of 12.34 points or 0.36%. The Nasdaq Composite closed at 11,466.47 for a gain of 86.75 points or 0.76%. The VIX Volatility Index was lower at 22.03 for a loss of -0.34 points or 1.52%.
Tuesday's Market Movers
U.S. indexes ended mostly higher Tuesday. The S&P 500 and Nasdaq reported another day of new closing highs. The Dow Jones ended slightly lower after an announcement that it will replace Exxon (XOM), Pfizer (PFE)
It is a summer of discontent at Intel Corp (INTC).
And the effects show in this one-year price chart:
In June came news that Apple (AAPL) planned to stop using Intel chips in its Macs.
In July, Intel had to report that its new 7nm chips would be delayed until at least 2022, and that it might have to turn to a third-party manufacturer. And this wasn't the first time it had missed a deadline for a new product: The 10nm chips went through similar delays.
As a result, the share price tumbled
Shares of Applied Materials Inc. (AMAT) are up more than 76% since March 20. The company has recovered from the huge plunge experienced between February and March and is now trading just off this year's highs.
The California-based semiconductor equipment and materials company reported its most recent quarterly results last Thursday, beating expectations on revenue and earnings. Shares have gained more than 3% since then and retain a bullish outlook based on the valuation multiples.
The stock is now up nearly 8% this year compared to the S&P 500 Index, which has
According to the GuruFocus list of 52-week highs, these Guru stocks have reached their 52-Week Highs.
Advanced Micro Devices reached the 52-week high of $69.40
Advanced Micro Devices Inc. (AMD) designs and produces microprocessors for the computer and consumer electronics industries. The majority of the firm's sales are in the computer market via CPUs and GPUs. The company acquired graphics processor and chipset maker ATI in 2006 to improve its positioning in the PC chain. In 2009, the firm spun out its manufacturing operations to form a foundry joint venture called GlobalFoundries.
The Dow Jones Industrial Average closed at 25,706.09 on Thursday with a loss of 361.19 points or -1.39%. The S&P 500 closed at 3,152.05 for a loss of 17.89 points or -0.56%. The Nasdaq Composite closed at 10,547.75 for a gain of 55.25 points or 0.53%. The VIX Volatility Index was higher at 29.28 for a gain of 1.20 points or 4.27%.
Thursday’s market movers
Tech stocks gained on Thursday as the economy looks more heavily to technologies supporting pandemic concerns. The Nasdaq is now up 17.56% for the year, while both the S&P 500 and Dow Jones remain in
U.S. stocks were in the red on Thursday morning. The Dow fell more than 400 points to 25,584, the S&P 500 index lost 1.42% to 3,124 and the Nasdaq Composite Index was down 0.70% to 10,419.
• F5 Networks, Inc. (FFIV) +5.5%
• Pentair plc (PNR) +5%
• Advanced Micro Devices, Inc. (AMD) +3.7%
• Costco Wholesale Corporation (COST) +2.6%
• Mohawk Industries, Inc. (MHK) -23%
• Walgreens Boots Alliance, Inc. (WBA) -9.8%
• Leggett & Platt, Incorporated (LEG) -7.3%
• Kohl's Corporation (KSS) -6.8%
The main European stock markets traded in
U.S. stocks were in the green on Wednesday ahead of the Fed's meeting. The Dow Jones Industrial Average lost 0.50% to 27,135 and the S&P 500 index fell 0.10% to 3,204, but the Nasdaq Composite Index was up 0.61% to 10,015 (the Nasdaq broke the 10,000 level for the first time in history yesterday).
• Advanced Micro Devices, Inc. (AMD) +3.3%
• NVIDIA Corporation (NVDA) +2.7%
Abbvie Inc(ABBV) +2%
• ServiceNow Inc (NOW) +1.6%
• Newmont Corporation (NEM) +1.2%
• Simon Property Group Inc (SPG) -8.7%
• Occidental Petroleum Corp (OXY) -8.3%
Tech growth investors may want to have a look at the following stokcs, as they have posted significant year-over-year increases in their quarterly revenue and net income.
Advanced Micro Devices Inc
The first company that meets the above listed criteria is Advanced Micro Devices Inc (AMD), a Santa Clara, California-based global semiconductors manufacturer.
The company posted a 40.4% year-over-year increase in quarterly revenue to $1.786 billion as of the first quarter of 2020, up from $1.272 billion in first quarter of 2019. The net income was $162 million in the first quarter of 2020, up from $16 million for the
The Dow Jones Industrial Average closed at 27,272.30 on Tuesday with a loss of 300.14 points or -1.09%. The S&P 500 closed at 3,207.18 for a loss of 25.21 points or -0.78%. The Nasdaq Composite closed at 9,953.75 for a gain of 29.01 points or 0.29%. The VIX Volatility Index was higher at 27.41 for a gain of 1.60 points or 6.20%.
Tuesday’s market movers
U.S indexes were mostly lower Tuesday after rallying from a strong May jobs report and energy sector agreement. The Nasdaq continued to climb, posting another record close.
In the S&P 500, consumer discretionary and consumer
The Dow Jones Industrial Average closed at 24,206.86 on Tuesday with a loss of 390.51 points or -1.59%. The S&P 500 closed at 2,922.94 for a loss of 30.97 points or -1.05%. The Nasdaq Composite closed at 9,185.10 for a loss of 49.72 points or -0.54%. The VIX Volatility Index was higher at 30.53 for a gain of 1.23 points or 4.20%.
Tuesday’s market movers
U.S. stocks ended lower Tuesday with a late drop leading into the closing bell. Shares of Moderna (MRNA) closed down 10.41% after a report questioned the company’s Covid-19 efforts.
Walmart reported better-than-expected results with a
Founded in 1979, the guru’s Camas, Washington-based firm approaches investing with the belief that supply and demand exclusively determine stock prices, and investors can only gain an advantage through finding information that is not widely known by the markets or by interpreting information differently. The firm uses a framework called The Four Market Conditions to help determine the appropriate investment strategy for the current environment.
Based on these criteria, the investor’s five largest buys for
U.S. stocks were in the green on Wednesday, ahead of good corporate results. The Dow Jones Industrial Average gained 0.43% to 28,846, the S&P 500 index rose 0.34% to 3,287 and the Nasdaq Composite Index jumped 0.37% to 9,303.
Advanced Micro Devices, Inc.
Non-index stocks have also posted gains and losses recently. Shares of Advanced Micro Devices, Inc. (AMD) fell more than 7% on Wednesday after the company announced fourth quarter results. The company posted
Now that the outlook for cloud data center growth and gaming is improving, many analysts recently have had a change of heart regarding the future prospects of growth for Nvidia Corp. (NVDA).
The primary basis for analysts' renewed expectations is the recent improvement in capital expenditures by cloud computing companies after a year of slack spending on graphics processing unit chips and other microprocessors. In addition to favorable projections for data center and PC applications growth for Nvidia’s powerful GPU chips, some analysts anticipate an improving game market environment, which for years had been the predominant engine of consistent revenue
S&P 500 stocks were mostly lower Thursday as the U.S. and China continue to negotiate on trade. The Dow Jones Industrial Average fell 0.01% to 27,781, the S&P 500 Index gained 0.08% to 3,097 and the Nasdaq Composite Index slid 0.04% to 8,479.
Non-index stocks have also posted gains and losses recently. Shares of NetApp Inc. (NTAP) gained 3.2% on Thursday after the company announced second-quarter results. It posted earnings of $1.09 per share, beating estimates by 15 cents. Revenue of $1.37 billion fell $10 million short of expectations.
“Our second quarter fiscal 2020 results reflect the strength of our
U.S. stocks were in the green on Wednesday after Federal Reserve Chair Jerome Powell suggested that interest rates would remain stable. The Dow Jones Industrial Average gained 0.25% to 27,758, the S&P 500 Index rose 0.14% to 3,096 and the Nasdaq Composite Index increased 0.10% to 8,494.
Non-index stocks have also posted gains and losses recently. Shares of Luckin Coffee Inc. (LK) gained more than 13% on Wednesday after the company announced third-quarter results. The company posted a loss of 32 cents per share, beating estimates by 6 cents. Revenue of $208.9 million was in line with expectations.
S&P stocks were in the red on Wednesday after the Federal Reserve cut interest rates by 25 points. The Dow Jones Industrial Average gained 0.11% to 27,100, the S&P 500 Index declined 0.17% to 3,031 and the Nasdaq Composite Index rose 0.01% to 8,277.
Non-index stocks also posted gains and losses. Shares of Advanced Micro Devices Inc. (AMD) declined nearly 2% on Wednesday after the company announced third-quarter results. The chipmaker posted earnings of 18 cents per share, which were in line with analysts' estimates. Revenue of $1.8 billion fell $10 million short of expectations.
“Our first full quarter of
U.S. stocks were in the green on Friday after bond yields reversed from historic lows. The Dow Jones Industrial Average gained 1.19% to 25,884, the S&P 500 index advanced 1.52% to 2,890 and the Nasdaq Composite Index climbed 1.77% to 7,904.
Shares of Nvidia Corp. (NVDA) soared more than 6% after announcing second-quarter results. The company posted earnings of $1.24 per share on $2.58 billion in revenue, reflecting a 17.3% decline from the prior-year quarter. The
U.S. stocks were in the red on Monday as protests in Hong Kong and Macri's adverse voting in Argentina's PASO made for a weak session. The Dow Jones Industrial Average fell 1.49% to 25,896.44, the S&P 500 index lost 1.23% to 2,882.70 and the Nasdaq Composite Index declined 1.20% to 7,863.41.
Shares of Sysco Corp. (SYY) gained more than 3% after announcing fourth-quarter results. The company posted earnings per share of $1.10 per share and revenue of $15.47 billion, reflecting 1% growth from the prior-year quarter. The company beat earnings estimates
U.S. stocks were in the red on Friday on the back of tensions between President Donald Trump and Huawei. The Dow Jones Industrial Average fell 0.10% to 26,349, the S&P 500 Index lost 0.40% to 2,926 and the Nasdaq Composite Index swelled 0.61% to 7,990.
Shares of CBS Corp. (CBS) fell 4% after it announced second-quarter results. The company posted earnings of $1.16 per share on $3.81 billion in revenue, reflecting 9.8% growth from the prior-year quarter. The company beat earnings estimates by 3 cents and revenue expectations by $100 million.
In a statement, President and CEO Joe Ianniello commented
U.S. stocks were in the green Thursday, after the China's central bank let its currency fluctuate and passed the psychological seven-per-dollar level. The Dow Jones Industrial Average rose 1.4% to 26,378, the S&P 500 index gained 1.8% to 2,938 and the Nasdaq Composite Index gained 2.2% to 8,039.
Shares of Fox Corp. (FOXA) fell 5% after announcing fourth-quarter results. The company posted earnings per share of 62 cents and revenue of $2.51 billion, reflecting 5% growth from the comparable trimester of the previous year. The company beat earnings by 3 cents, and revenue by $40 million.
"The strategic rationale for